So this time we thought why not tell you all about some great movies to watch which will not only make you financially more literate but also help you take better decisions in your personal finance and in business finance also.
Well we know that these are very old and popular movies and you may have already watched them, we request you to kindly read the key takeaways we have mentioned and match it with your thoughts, if it is the same then it’s fine, if it is not you should watch them again. Let’s start:
The Wolf of Wall Street | 2013 :
Keep faith on your ability to make sound financial decisions. But always talk to trusted experts and sources for insight so you don’t have to make dirty money when you are investing in stocks or making big money decisions. Keeping the money is as important as earning it.
Inside Job | 2010 :
It is more of a documentary than a movie. It is one of the best movies based on the great Depression or Recession whatever you may call. It shows the reality of endless greed of people of Wall Street. A series of high-profile interviews about the events leading up to the fall of world economy in 2008 shown in the movie is priceless. Inside Job won an Academy Award in 2011 for best documentary feature.
The Money Pit | 1986 :
This movie is an excellent know how about being smart to save your unnecessary expenses. It teaches you that you should always do complete assessment before making any investment or purchase any property. Emotion is not to be taken into account while you make expenses.
The Big Short | 2015:
This movie is a great reminder that in every economy, there are winners and losers. You will find a lot of authentic and practical explanation how the housing bubble exploded with a look into the greed of corrupt lenders.
Margin Call | 2011 :
We people may know that the 2008 financial crisis left millions of Americans jobless and the economy broke, most of us exactly what happened and why. It shows what a group of key players from an investment firm do, no matter the financial or moral repercussions, when they discover that their mortgage-backed assets hold absolutely no value.
Bonus; Wall Street – 1987 :
This 1987 classic influenced the attitude of an entire generation towards investing money. Gordon Gekko, the ruthless financier in the movie, taught his protege, Bud Fox that the secret to becoming wealthy is to understand that money never sleeps. Time is money, conveying the importance of grabbing every opportunity, every moment that you get, to manifold your riches.
Watching is believing, and these movies are worth it. Hope you like the movies and they help you to be more knowledgeable and confident in your financial decisions.